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Financial Aid

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Types of Financial Aid

Grinnell provides financial aid awards using a combination of grants, loans, and campus jobs. The two primary types of aid at Grinnell are "gift" (scholarships and grants) and "self help" (loans and work). While the majority of your institutional need will be met with scholarships and grants, most of our financial aid packages combine gift aid with self help. Financial aid awards may be adjusted when you receive additional outside sources of funding.

Federal Student Aid PIN Replaced by FSA ID

All Federal Student Aid (FSA) websites are now requiring an FSA ID. The FSA ID – a username and password – has replaced the Federal Student Aid PIN and must be used to log in to certain U.S. Department of Education websites. Your FSA ID confirms your identity when you access your financial aid information and electronically sign Federal Student Aid documents.

Student Employment

Student jobs on campus are funded by Grinnell College and the Federal Government. Grinnell offers jobs first to students with demonstrated financial need; however, many jobs are available on campus for students without demonstrated financial need. Students who work eight or nine hours a week can expect to earn about $2,200 during the academic year.

Scholarships for Iowans

Iowa Tuition Grant

  • State-funded grant based on financial need for students from Iowa only
  • Eligibility determined by the Iowa College Student Aid Commission and is based on the FAFSA EFC
  • Not available for more than eight semesters of undergraduate study
  • Maximum award for 2014-15 is $4,550

Other State of Iowa Grants

Merit Scholarships

All applicants to Grinnell College are considered for merit scholarships. There is no separate application, but priority consideration for scholarships is given to students who submit their application for admission by December 1.

Grinnell College offers three categories of merit scholarships; each scholarship may be awarded to more than one student:

Need-based Grants and Scholarships

Federal Pell Grant

  • Federally funded grant based on financial need
  • Eligibility determined by the U.S. Department of Education and based on the FAFSA EFC
  • Not affected by the February 8 priority deadline
  • 2015-16 awards ranged from $626 to $5,775 per academic year (contingent on federal funding)

Federal Supplemental Educational Opportunity Grants (SEOG)

  • Federally funded grant based on financial need